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CARBORUNDUM UNIVERSAL LTD
Long

Carborandum Universe

By pradipandsuvra
CARBORUNIV has the following features in 1H chart:

  • In 1H price actually creating a Pool and Flag pattern.
  • The main point is consolidation after a big volume rise.
  • Note: during consolidation phase: Volume always remains above the moving moving average.
  • RSI well placed
  • Alligator is showing clear uptrend.



Trade: BUY level around 925-920 with a SL of 910 for a probable target of 940.

carborundamuniversalFlagindianstockmarketstocktowatchforTrend Analysis
pradipandsuvra
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